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wasoxygen  ·  1667 days ago  ·  link  ·    ·  parent  ·  post: I Love Corporations

    Would you act differently if you ran a corporation? Let’s say [random big corporation] offers you the CEO position tomorrow. It comes with a $10 million annual salary. (I’m making that up — I don’t know how much the actual salary is. But that’s realistic for a big corporation.) You have the option of reducing your salary and giving the remaining money to your employees. You could cut your salary by, say, $9.9 million (who needs more than 100k a year?), distribute that money to the employees, and in doing this, raise each of their annual salaries by $13... Would you do that?

I don't think the detail of Bezos' actual salary of $81K plus benefits is really relevant to the argument.

Would a $1 per month raise for the workers persuade you to give up most of your salary?

Most of the Bezos fortune came from stock. Before Amazon raised the minimum wage to $15, warehouse employees received two shares of stock on hiring, and an additional option every year.